Exceptionally strong housing demand in the U.S. has large homebuilders in the driver’s seat and smaller builders ripe for takeover. The buyers are both domestic and Japanese. M&A activity in the single-family homebuilder space is having a record year in terms of dollar volume, and close to a record in the number of deals, according…
Sopa Images | Lightrocket | Getty Images Diamond Sports reached a deal with Amazon’s Prime Video that will allow its 16 regional sports networks to be made available on the streaming platform. As part of the deal, Diamond’s networks will be made available as an add-on subscription to Prime customers living within each team’s designated…
A statue of Walt Disney and Mickey Mouse stands in a garden in front of Cinderella’s Castle at the Magic Kingdom Park at Walt Disney World on May 31, 2024, in Orlando, Florida. Gary Hershorn | Corbis News | Getty Images Disney will report its fiscal fourth-quarter earnings before the bell on Thursday, and Wall…
MELBOURNE, Australia — Australia plans to require social media platforms to act to prevent online harms to users such as bullying, predatory behavior and algorithms pushing destructive content, the government said Thursday. “The Digital Duty of Care will place the onus on digital platforms to proactively keep Australians safe and better prevent online harms,” Communications…
UK public sector pension funds are not big enough to generate good returns for British savers, Chancellor Rachel Reeves has told the BBC. The government is set to reveal plans to merge the UK’s local government pension scheme, a group of funds which together manage £354bn in investments, into a handful of “pension megafunds”. It…
NexGen NexGen’s operation in Canada’s remote Athabasca Basin Uranium is making a comeback thanks to a renewed focus on nuclear energy as a climate crisis solution. Canada, rich with high-grade deposits, could become a nuclear “superpower”. But can its potential be realised? Leigh Curyer had been working in uranium mining for nearly two decades when…
Clare Smyrell Clare Smyrell says it feels “petty” to ban special offers on formula The high price of baby formula makes parents feel “punished” for not breastfeeding, mums and dads have told the BBC. The cost of baby milk has surged in recent years, while retailers in the UK are not allowed to advertise or…
COLOMBO, Sri Lanka — Sri Lankan President Anura Kumara Dissanayake is looking to consolidate his party’s power in Thursday’s parliamentary election to help him implement his election pledges to solve the country’s economic woes and foster good governance. The Marxist-leaning Dissanayake won the presidential election on Sept. 21 in a victory that marked a rejection…
BANGKOK — Shares were mixed in Asia on Thursday after a lackluster finish on Wall Street following a report showing an uptick last month in inflation in the U.S. The dollar was trading at 156 Japanese yen, up from 155.49 yen, reflecting expectations that the dollar will gain against other currencies under the policies anticipated…
SAN FRANCISCO — A federal judge ordered the Port of Oakland to stop using San Francisco Bay Oakland International Airport as its airport’s new name while a lawsuit by the city of San Francisco is ongoing. San Francisco sued in April over what it says is a trademark violation and asked a federal judge to…
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